Bybit to List MON Token on November 24
Bybit has announced that trading for the MON token will officially begin on November 24 at 18:00 MSK. The listing marks an important milestone for Monad, a next-generation Layer 1 blockchain that aims to deliver dramatically improved performance while remaining fully compatible with the Ethereum Virtual Machine.
The upcoming launch has drawn attention due to Monad’s ambitious technical design and strong backing.
What Is Monad
Monad is a high-performance, EVM-compatible Layer 1 blockchain built to process up to 10,000 transactions per second with sub-second finality, averaging around one second.
Unlike many high-throughput networks that sacrifice decentralization, Monad is designed to maintain a distributed architecture while significantly reducing latency and transaction fees.
This positions it as a potential alternative for developers and applications that currently struggle with congestion on other networks.
Parallel Execution as a Core Innovation
One of Monad’s most notable technological features is its parallel execution model. Instead of processing transactions sequentially, the network can execute multiple transactions at the same time.
It achieves this through a combination of:
• Superscalar pipelining
• Asynchronous I/O
• Advanced scheduling of smart contract execution
This approach minimizes bottlenecks and allows the network to scale efficiently without compromising system integrity.
Strong Financial Backing Behind the Project
Monad has already secured significant financial support from the market:
Investments from funds: $244 million
Capital raised on Coinbase: $269 million
These figures highlight strong confidence from both institutional players and the broader crypto ecosystem, positioning Monad as one of the most well-funded new Layer 1 projects in the space.
Why This Listing Matters
Listings on major exchanges like Bybit often represent a turning point for emerging blockchain projects. They improve liquidity, expand global access, and increase visibility among retail and institutional traders.
For Monad, the MON token listing could act as the bridge between its advanced technical framework and real-world market adoption.
What to Watch Next
Following the launch of MON trading, market participants will closely monitor:
• Initial liquidity levels
• Trading volume and volatility
• Community and developer activity
• Further exchange listings
• Progress of mainnet milestones
As Layer 1 competition heats up, Monad is now entering a decisive phase where technology, adoption and market confidence will intersect.
